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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 43, Rayner Towers 2 is recorded publicly as a mid-century leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 43, Rayner Towers 2 is £165,692 and its rental estimate is £882 per month, given the available information and assuming reasonable condition.
Rayner Towers, Albany Road is a residential building on Albany Road, London, E10 and falls within the E10 postal district and the London Borough of Waltham Forest.
Flat 43, Rayner Towers 2 has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 43, Rayner Towers 2, we estimate a market value of £173,976 and a rental value of £927 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,093 and £821 per month respectively.
Over the last year, Flat 43, Rayner Towers 2 has seen its estimated sale value fall by £1,677 (1.0%) and its estimated rental value move up by £31 per month (3.5%). This results in an estimated gross rental yield of 6.4%.
Flat 43, Rayner Towers 2 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 43, Rayner Towers 2 completed on 22nd December 2020 at £190,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 85.5% over the period since December 2020.
Over the past 2 years 1 property similar to Flat 43, Rayner Towers 2 has sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th August 2024, was Flat 35, Rayner Towers 2, Albany Road, London, E10 7EJ, a leasehold flat which sold for £141,000.
Read more about house prices in E10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 150 addresses on Albany Road, London, E10, Flat 43, Rayner Towers 2 comes out as the 86th largest and the 139th most expensive in our analysis of the public data.
It is also £343k less expensive than the average property across the E10 district.
From Flat 43, Rayner Towers 2, the nearest station is Leyton Midland Road, 900 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 43, Rayner Towers 2, 66.2% of property is socially rented and 25.5% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 43, Rayner Towers 2, 23.9% of residents are recorded as possessing school level qualifications and 30.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 43, Rayner Towers 2, the average age was 34.7 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 43, Rayner Towers 2, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 43, Rayner Towers 2, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
